Especially because everyone accepts the glut of global savings hypothesis. So if we presume this nuttie notion of permanence is actually nuttie then savings must fall.
But economic theory dictates that there are only 3 mechanisms that make this happen: higher unemployment - no thanks - higher gov borrowing - hmmm - and / or higher household savings - again hmmm, seems better than unemployment
So if US can record almost 50 years of CA deficits how fanciful is it that gov debt just continues to rise? especially when you have access to zero cost infinity loans called QE?
But that's really nuts. That's like purporting to have discovered perpetual motion - that an action once set in motion will continue forever without the input of more energy.
Ultimately it's the laws of thermodynamics that reveal the flaw: it's the political energy lost from the heat of the mechanism - the enrichment of the few - that challenges the fwd motion. Theoretically it could last forever but our political economy will reject it long before
